Ford names former Key Safety exec Luo to steer China unit

Ford Motor named former Key Safety Systems executive Jason Luo as chairman and CEO of its China operations. Luo will lead the carmaker's operations in greater China and Taiwan.

Key Safety CEO resigns as final Takata deal looms

Key Safety Systems CEO Jason Luo is resigning as the supplier inches closer to finalizing a $1.59 billion deal to acquire the embattled Japanese airbag supplier Takata Corp.


Adient to purchase seating supplier Futuris Group for $360 million

Seating supplier Adient has agreed to buy Futuris Group for $360 million. Adient expects its purchase of the automotive seating and interiors supplier to add $500 million in revenue per year.

Sign up for our weekly newsletter

Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

MORE SUPPLIER NEWS OEM/SUPPLIER MANUFACTURING
Can U.S. follow through on tough NAFTA talk?

To deliver on its promises, the administration will need the cooperation of the U.S. business community and key members of Congress. Both groups sought to distance themselves from the president last week.

Aston Martin readies a sport wagon

Aston Martin, seeking to put a bespoke exclamation point on its aging Vanquish supercar lineup, will build a run of limited-edition Zagato-bodied cars that includes a speedster and shooting brake version.

Fiat Chrysler joins BMW, Intel self-driving alliance

Fiat Chrysler is joining the self-driving alliance led by BMW, Intel and Mobileye, becoming the second automaker in the year-old group to opt to partner in developing an autonomous driving platform. The alliance plans to put both Level 3 and Level 4/5 automated driving technology into production by 2021.

NAFTA negotiators aim for 'ambitious' start to talks

Negotiators from Canada, Mexico and the United States are aiming for an "ambitious" first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to fast-track a deal to modernize the 23-year-old pact by early next year.

Newsletters